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Due Diligence: Reducing Risk During Construction

Challenge

C3 was retained by a national life insurance investment fund to provide due diligence on a new residential tower. The project was under construction and the sale was to be completed at the project’s completion.

Solution

The C3 team performed a thorough review of the plans and work in progress. Our in-depth review uncovered significant problems with exterior waterproofing and non-compliance with ADA and FHA requirements.

Result

By uncovering problems early, C3 enabled the client to avoid costly surprises after the sale and effectively manage risk.